Buyers left waiting as transactions take longer than ever to reach exchange
Original Article Summary
Propertymark report points to lengthy delays due to inefficiencies within the system
PropMatch Curated Analysis
Property transactions are taking longer than ever with 43% exceeding 17 weeks to exchange, while rental demand significantly outstrips supply with 7 applicants per property.
Investor Relevance
Extended transaction times impact cash flow planning, deal completion risk, and capital deployment speed. Strong rental demand signals indicate robust buy-to-let opportunities despite affordability pressures affecting the sales market.
Original Source:
Property Industry EyeStay Updated
Subscribe to our weekly briefings for curated property news and insights